British Pound stablecoin issuer Tokenised GBP has signed a distribution agreement with Archax that will allow tGBP holders to access tokenised real-world assets on the Archax platform.
Under the deal, users holding tGBP will be able to invest in tokenised money market funds from firms including BlackRock, Fidelity Investments, State Street Global Advisors and Aberdeen Investments. The agreement also gives access to tokenised bonds, equities, funds and Archax’s treasury product, GOVY.
.@tokenGBP, the British Pound stablecoin issuer, today announced a distribution agreement with Archax, the UK/EU regulated digital asset platform, for access to tokenised real-world assets (RWAs).
Under this new agreement, holders of tGBP will now be able to purchase the full… pic.twitter.com/qIgAft2zWc
— Archax (@ArchaxEx) June 25, 2026
Deal expands uses for tGBP
The companies said the agreement will make it easier for professional and institutional investors to move between stablecoins and tokenised financial products.
tGBP is issued by BCP Technologies, a UK Financial Conduct Authority-registered cryptoasset firm. The stablecoin is available across several blockchains, including Ethereum, Solana, Base, Polygon and Arbitrum.
Archax said it will also support conversions between tGBP and traditional pound sterling through its trading desk, allowing investors to move funds between blockchain networks and bank accounts.
UK firms push sterling stablecoins into investing
Most stablecoins are linked to the US dollar, and dollar-backed tokens still dominate the market. As a result, pound-backed stablecoins have remained much smaller.
This is one reason why firms behind sterling stablecoins are looking beyond crypto trading and payments. Instead, they are trying to connect stablecoins to traditional investments such as money market funds, government debt and bonds.
The Archax agreement gives tGBP holders a direct way to use their stablecoins to buy tokenised investment products without first moving into dollars. Similar efforts are taking place across Europe as firms look for ways to bring traditional financial products onto blockchain networks.
For tGBP, the deal adds another practical use for the stablecoin and could help increase activity around pound-based digital assets as more tokenised investment products enter the market.
Meanwhile, the ECB had warned that stablecoins are moving from crypto trading tools into core parts of the global financial system, raising new risks for monetary control and stability. The stablecoin market has grown quickly, rising from under $10 billion six years ago to more than $300 billion today. Most of this market is still tied to the U.S. dollar, with major issuers like Tether and Circle dominating supply usage.
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